TriaGen Wealth Management LLC Grows Stock Holdings in Cambria Emerging Shareholder Yield ETF $EYLD

TriaGen Wealth Management LLC raised its position in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 19.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 279,514 shares of the company’s stock after acquiring an additional 44,638 shares during the period. Cambria Emerging Shareholder Yield ETF makes up approximately 2.7% of TriaGen Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. TriaGen Wealth Management LLC’s holdings in Cambria Emerging Shareholder Yield ETF were worth $10,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in EYLD. J.W. Cole Advisors Inc. lifted its holdings in Cambria Emerging Shareholder Yield ETF by 4.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,802 shares of the company’s stock worth $246,000 after purchasing an additional 298 shares during the last quarter. Fermata Advisors LLC increased its position in Cambria Emerging Shareholder Yield ETF by 0.5% during the 3rd quarter. Fermata Advisors LLC now owns 71,146 shares of the company’s stock worth $2,647,000 after buying an additional 365 shares during the period. Dynamic Advisor Solutions LLC increased its position in Cambria Emerging Shareholder Yield ETF by 1.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 37,324 shares of the company’s stock worth $1,388,000 after buying an additional 548 shares during the period. Focus Financial Network Inc. lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 7.7% during the third quarter. Focus Financial Network Inc. now owns 11,523 shares of the company’s stock worth $429,000 after buying an additional 820 shares in the last quarter. Finally, Independence Bank of Kentucky bought a new stake in shares of Cambria Emerging Shareholder Yield ETF in the second quarter valued at about $33,000.

Cambria Emerging Shareholder Yield ETF Stock Performance

BATS:EYLD opened at $38.85 on Monday. Cambria Emerging Shareholder Yield ETF has a 52 week low of $27.30 and a 52 week high of $37.50. The firm’s 50-day simple moving average is $38.53 and its 200 day simple moving average is $37.60. The firm has a market cap of $567.17 million, a price-to-earnings ratio of 9.92 and a beta of 0.69.

Cambria Emerging Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were issued a dividend of $1.0435 per share. This is a boost from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.68. This represents a $4.17 annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend was Thursday, December 18th.

Cambria Emerging Shareholder Yield ETF Company Profile

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.